FOUR vs ODD: Correlation
Shift4 Payments, Inc. (FOUR) and ODDITY Tech Ltd. - Class A (ODD) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOUR and ODD?
Over the past 3 years, FOUR and ODD moved with a correlation of 0.50, which is moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1986.3 %².
By 3-year correlation, ODD places #5 of the 20 assets tracked against FOUR. Their recent paths diverged sharply: over the last 12 months FOUR outperformed by 23.9 percentage points (-51.3% for FOUR against -75.2% for ODD).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
FOUR vs ODD: side by side
| FOUR (Shift4 Payments, Inc.) | ODD (ODDITY Tech Ltd. - Class A) | |
|---|---|---|
| 1-year return | -51.3% | -75.2% |
| 5-year return | -48.7% | n/a |
| Volatility (ann.) | 52.8% | 75.9% |
| Beta vs S&P 500 | 1.43 | 1.78 |
| Max drawdown (3Y) | -71.6% | -87.3% |
| Market cap | $3.5B | $0.7B |
| P/E (trailing) | 68.7 | 18.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOUR | ODD |
|---|---|---|
| 2022 | -3.5% | – |
| 2023 | +32.9% | – |
| 2024 | +39.6% | -9.7% |
| 2025 | -39.3% | -4.4% |
| 2026 | -30.2% | -62.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOUR and ODD good diversifiers for each other?
Only partially. A correlation of 0.50 means FOUR and ODD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FOUR and ODD?
As of 2026-08-27, the correlation of weekly returns between FOUR and ODD is 0.50 over 3 years, 0.53 over 1 year and n/a over 5 years.
Is ODD a good diversifier for FOUR?
Only partially. A correlation of 0.50 means FOUR and ODD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/four-vs-odd.json
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Related comparisons
Hubs: FOUR correlations · ODD correlations
